I just noticed two decent opportunities, let me briefly explain my thoughts.

First, let's look at the arbitrage opportunity for $HIPPO. Currently, HIPPO has a positive funding rate, meaning long positions have to pay shorts. This situation is actually quite suitable for ordinary players to participate—by shorting while simultaneously buying spot to hedge, they can steadily earn the funding rate. Why is this suitable for retail investors? Because a positive rate doesn't require us to have coins to sell, while a negative rate does (in that case, you would need to go long on contracts + sell spot, but most people don't have that much spot). Calculated hourly, the returns are decent.

Let's talk about $UAI again. Today, its contract price dropped to a low of 0.22, which means the actual market value is only 5 million. What does a contract underlying market value of 5 million mean? The value of just the listing position for a certain leading exchange is worth more than this number. So I think this rebound is worth a shot; the logic is that it is severely undervalued.

These two ideas are shared, and everyone can assess the risks themselves.